Hi Gitmo,
Not sure about that. It's wise for new investors of a Company to obtain past observations of other Companies to gain an insight.
An excellent thesis to read about how Pharmaceutical Biotechs succeed and fail is by Peter Molloy an Ex CEO of an Australian Biotech Company.
This is a must read for Pharmaceutical Investors . I have gained a huge insight of what works and what doesn't. 350 pages of " Bible " . Peter's insights are from his CEO view looking down.
Ref " Value Creation and Investor Performance of the Australia
in Drug Development Biotech Sector. P.Molloy 2019.
Its online, HC members get back to me when you have read it. Prepare for a revelation.
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